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| Registros recuperados: 10 | |
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| Busse, Matthias. |
| As the process of globalisation of the world economy progresses, the degree of international competition among enterprises increases as well. Yet not all industries or branches are affected to the same extent by this development. One of the most important factors which determine the degree of globalisation of an industry is the level of transaction costs. Whereas low transaction costs tend to result in globalised markets, high transaction costs induce segmented markets. Because they may also indicate the degree of potential competition, transaction costs can be of great importance for competition authorities in the case of corporate mergers and acquisitions. Heterogeneous consumer preferences and product differentiation, as two additional determinants of... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Transaction costs; Potential competition; Competition policy; International Relations/Trade; F00; F13; D23. |
| Ano: 2002 |
URL: http://purl.umn.edu/26168 |
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| MacAulay, T. Gordon. |
| The nature of the competition policy public benefit tests, applied to various agricultural industries, is reviewed. Then, various analytical techniques that have been applied to the assessment of the public benefit test are examined. These techniques include analysis of price premiums, consideration of pooling and averaging, pricing to market tests, what-if scenarios, market power analysis, and price discriminating monopolist models. Some of the advantages and disadvantages of these approaches are summarised. Generally, all of these approaches have various strengths and a number of weaknesses so that the case for the assessment of costs and benefits must substantially depend on the logic of the effects of the regulation rather than the results of any... |
| Tipo: Presentation |
Palavras-chave: Competition policy; Price discrimination; Pricing to market; Price premiums; Agricultural and Food Policy. |
| Ano: 2000 |
URL: http://purl.umn.edu/123697 |
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| Smith, Rhonda L.. |
| This article discusses whether at a theoretical level the large and growing role of the vertically integrated supermarket chains raises a buyer-power concern because of potential harm to other retailers, suppliers, and/or consumers. Even if this is possible, whether it is a real concern depends on whether provision exists to constrain the exercise of that power through market responses, such as entry, or through regulatory provisions, such as those contained in the Trade Practices Act. |
| Tipo: Journal Article |
Palavras-chave: Buyer power; Competition policy; Supermarkets; Agribusiness. |
| Ano: 2006 |
URL: http://purl.umn.edu/116862 |
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| Brennan, Timothy J.. |
| Competition policy has become more prominent while the thinking underlying those policies has undergone substantial revision. We survey advances in antitrust economics and the economics of regulation. Increasing reliance on non-cooperative game theory as a foundation for antitrust has led to rethinking conventional approaches. We review some of these contributions in the context of mergers, vertical restraints, and competition in "network industries." Turning to regulation, we review standard rationales and identify some major contemporary refinements, with examples of the motives behind them and their application. After brief thoughts on privatization, we conclude with suggestions on design and implementation, with some observations on whether these... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Antitrust; Regulation; Competition policy; Industrial Organization. |
| Ano: 2000 |
URL: http://purl.umn.edu/10716 |
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| Tisdell, Clement A.. |
| Relationships between bounded rationality and transaction cost theories are discussed and their connections with stochastic theories of industrial evolution are considered. While these theories have their limitations, they are useful but have been ignored in many public policy prescriptions, especially those involving markets. For example, as discussed, these theories have failed, on the whole, to influence competition policy and the design of more efficient systems for public administration (contracting out, labour contracts for public employment, adoption of the user-pays principle and use of performance budgeting and accounting), as well as in policies to remove market frictions. The result may be less efficient systems than otherwise achievable and... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Bounded rationality; Competition policy; Evolutionary theory; Market dynamics; Public administration; Transaction costs; Public Economics; D23; H11; I20. |
| Ano: 2004 |
URL: http://purl.umn.edu/90531 |
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| Busse, Matthias. |
| The globalisation of the world economy increases international competition among companies. However, not all industries will be affected by the same extent. The degree of globalisation of an industry will be particularly influenced by the level of transaction costs. Low transaction costs will lead to globalised markets, high transaction costs to segmented markets. On the other hand, one has to consider heterogeneous consumer preferences and product differentiation as two additional factors of influence as well as the fact that transaction costs can only be roughly calculated. If these limitations are kept in mind, transaction costs could be of great importance for competition policy in determining the degree of international competition among firms. Die... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Transaction costs; Trade; Competition policy; International Relations/Trade; F00; F13; D23. |
| Ano: 2001 |
URL: http://purl.umn.edu/26144 |
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| Registros recuperados: 10 | |
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